Property Division Attorney in Seattle, Washington

High Net Worth Property Division: What property issues might arise in high net-worth cases?

Seattle, WA family law attorney Amir John Showrai talks about the special property issues that can arise in high net-worth divorce cases.

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For high net worth cases a big consideration often becomes the tax implications of those cases depending on where exactly the net worth is. For example, if we have a closely held corporation or an LLC, depending on how if that’s even possible to divide the shares and what the tax consequences are, we often bring in a CPA or somebody who’s going to help value a business, which isn’t in most normal cases something we do. And sometimes we have to create a trust as an economically expedient way to handle settling a case, for example. Those are issues that don’t come up in general cases but are more akin to complex cases.

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